MercadoLibre.com (MELI) Founder and CEO to Ring the NASDAQ Stock Market Closing Bell

Company to Celebrate Initial Public Offering On NASDAQ


ADVISORY, Aug. 10, 2007 (PRIME NEWSWIRE) --



 What:
 Marcos Galperin, Founder and CEO of MercadoLibre.com (MELI), will
 preside over the closing bell to celebrate the company's initial
 public offering on NASDAQ.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Friday, August 10, 2007 at 4 p.m. ET

 Contacts:
 Lorena Diaz Quijano
 Corporate Communications
 MercadoLibre.com
 lorena.diazquijano@mercadolibre.com
 Tel: (54.11) 5352-8026
 Cell: (54.9.11) 5997-5359

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; 347.219.9539
 Jolene.Libretto@NASDAQ.com

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About MercadoLibre (MELI):

MercadoLibre (http://www.mercadolibre.com ) is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views during 2006. Additionally, we have recently launched online trading platforms in Costa Rica, the Dominican Republic and Panama. With a market of over 550 million people and a region with one of the world's fastest-growing Internet penetration rates, we provide buyers and sellers a robust online trading environment that fosters the development of a large and growing e-commerce community. We offer a technological and commercial solution that addresses the distinctive cultural and geographic challenges of operating an online trading platform in Latin America.